How QIC protects its PE allocations in China

As China’s GDP growth drops to its slowest level in more than two decades, so has the domestic private equity market, but some investors have kept their faith in the country and will continue to do so. “We look to invest in China through the cycle; we want our managers and ourselves to be patient,” Marcus Simpson, head of global private capital for Queensland Investment Corporation (QIC), told AsianInvestor. And so the fund has struck deals slowly overall and is selective about …